Swiss Formula


Swiss Formula

The Swiss Formula is a mathematical formula designed to cut and harmonize tariff rates in international trade. Several countries are pushing for its use in World Trade Organization trade negotiations. It was first introduced by the Swiss Delegation to the WTO during the current round of trade negotiations at the WTO, the Doha Development Round or more simply the Doha Round. [http://trade.ec.europa.eu/doclib/docs/2005/december/tradoc_126417.pdf More Details on the Swiss Formula]


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